Samantha Hurst

Former Capital One Executive Troy Jamison Named First Chief Risk Officer at Victory Park Capital

Victory Park Capital (VPC), a Chicago-based investment firm focused on private middle-market debt and equity investments, announced on Wednesday it has appointed formed Capital One executive, Troy Jamison as its first Chief Risk Officer.  Jamison will reportedly oversee the assessment and management of risk within the firm’s… Read More

Kabbage Announces New $200 Million Asset-Backed Revolving Credit Facility With Global Financial Institution Credit Suisse

Kabbage Inc., a global financial services, technology and data platform serving small businesses, announced on Thursday its new $200 million asset-backed revolving credit facility with Credit Suisse, a global financial institution. This news comes less than a month after Kabbage announced it and ING were extending… Read More

Overfunding: JOTO Secures £196,000 Funding Target During the Final Days on Crowdcube

Creative robotics pioneer and Kickstarter success Joto is set to close its equity crowdfunding campaign on Crowdcube with more than £200,000 thanks to nearly 350 investors. The company launched the campaign is September, seeking £196,000 as it prepares to expand. As previously reported, Joto is on a mission to provide… Read More

Innovate Finance Releases 2017 Women in Fintech Powerlist

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday it published its 2017 Women FinTech Powerlist. The initiative is a celebration of the achievements and talent of women across the FinTech ecosystem as they continue to play a crucial role… Read More

First Ever Nigerian Bobsled Team Raises $75,000 Through GoFundMe to go to the 2018 Winter Olympics

Nigeria officially has its first bobsled team, all thanks to the team’s crowdfunding campaign on GoFundMe. The team, which consists of female athletes Seun Adigun, Ngozi Onwumere, and Akuoma Omeoga, launched the initiative in January, seeking $75,000 so that they could get the 2018 Winter Olympic… Read More

American Express Launches Blockchain-Enabled Cross-Border Business-to-Business Payment Services Using Ripple Technology

On Thursday, American Express (NYSE: AXP) announced the introduction of blockchain-enabled, business-to-business cross-border payments. The American Express FX International Payments (FXIP) business is working with fintech startup Ripple to reduce the time and cost of the settlement while maintaining the level of security that American… Read More

Update: Pomodoro e Basilico Extends Equity Crowdfunding Campaign on Crowdcube

Pomodoro e Basilico’s CEO and Founder Sara Mittersteiner announced this week that the vegan artisan food stall has extended its equity crowdfunding campaign on Crowdcube. This news comes after Mittersteiner announced that advisors Emilia Leese and Kip Dorrell are no longer actively involved in the restaurant’s development…. Read More

Chinese Fintech Jianpu Sees Rise in Shares Following U.S. IPO Debut

Jianpu, a unit of Chinese fintech company Rong360 Inc, announced on Thursday the launch of its initial public offering of 22,500,000 American depositary shares (“ADSs”) at a price to the public of US$8.00per ADS for a total offering size of US$180 million. According to Nasdaq, the company experienced a… Read More

CrowdProperty Now Seeking £600,000 Through Seedrs Funding Round

CrowdProperty, a UK-based specialist property peer to peer lender, announces on Friday the launch of its new crowdfunding campaign on Seedrs, following full FCA Authorisation and surpassing £10m million lending milestone. The online lending platform is currently seeking £600,000 to fund investment in talent, tech… Read More

Indorse Announces Strategic Collaboration With AppCoins

Indorse, a Singapore-based decentralized social network for professionals, announced on Thursday it has formed a strategic collaboration with AppCoins, new cryptocurrency that all Aptoide App Store users can earn and spend inside app stores. According to the network, the new collaboration comes just before its MVP launch later… Read More

NFCA’s VanFUNDING 2017 to Bring More Than 50 Leading Blockchain, Fintech, & Capital Innovation Experts to Vancouver Last Weekend of November

National Crowdfunding Association of Canada (NFCA)’s VanFUNDING, a West Coast event that’s dedicated to connecting people to partnerships, investment, and business opportunities, announced on Wednesday it is bringing its 2017 Blockchain, Fintech, Funding Conference and RegTech Hackathon to Vancouver on November 28th at the Morris… Read More

Bangko Sentral ng Pilipinas & Monetary Authority of Singapore Signs New Fintech Co-operation Agreement

The Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) announced on Thursday they have signed a Fintech Co-operation Agreement (CA) to promote innovation in financial services in their respective markets. The BSP-MAS CA was signed at the sidelines of the second… Read More

Ex-UBER General Manager for Germany Austria, & Switzerland Rasoul Jalali Named Chief Operating Officer of Investment Platform TEND

TEND, the blockchain-powered platform for investments, announced this week that it has appointed Rasoul Jalali, former UBER General Manager for Germany, Austria, and Switzerland, as its new Chief Operating Officer (COO). While sharing details about Jalali’s appointment, TEND Founder and CEO, Marco Abele, stated: “I am excited… Read More

P2P Lender Hexindai Names Citi As Depositary Bank for American Depositary Receipt Program

On Wednesday, Chinese peer-to-peer (P2P) lending platform Hexindai announced it has appointed Citi’s Issuer Services business as the depositary bank for its American Depositary Receipt (ADR) program. According to the online lender, the program was established through an initial public offering of its American Depositary Shares (ADSs), priced… Read More

Overfunding: GreenJinn Successfully Secures £600,000 Hours Before Crowdcube Campaign Closes

With less than 24 hours until its equity crowdfunding campaign is set to close on Crowdcube, cashback smartphone app GreenJinn has successfully secured its initial £600,000 from more than 200 investors. As previously reported, the GreenJinn app made its grand debut in October 2016 and provides personalized cashback coupons… Read More

PayStand Secures $6 Million Through Series A Funding Round Led By BlueRun Ventures

PayStand, a payments-as-a-service platform that uses blockchain to automate and secure business to business (B2B) systems, announced on Thursday it has secured $6 million during its Series A funding round, which was led by BlueRun Ventures with participation from Cervin Ventures, Serra Ventures, TiE, and… Read More

Switzerland-Based Fintech Crealogix Announces Asia/Pacific Region Expansion

On Wednesday, Switzerland-based CREALOGIX announced it is expanding business actives in the Asia and Pacific region. The company reported that with this expansion it will be able to cooperate with established local partnerships, including business and tech financial service provider, Cognizant. CREALOGIX noted that in addition… Read More

LendInvest Launches Buy-to-Let Loans for Professional Landlords & Investors in England, Wales, & Scotland

LendInvest, a specialist property finance lender, announced on Thursday it has launched a buy-to-let (BTL) loan product targeted at experienced, professional property investors and landlords operating in England, Wales and Scotland. According to the platform, BTL loans are available for amounts between £50,000 and £5… Read More

Real Estate investment Platform Sharestates Launches One Click Closing Option

Sharestates, an online real estate investment marketplace, announced on Thursday the launch of its new One Click Closing tool, which is described as a feature that will allow return borrowers to visit a page where they can upload all the details and documents required for… Read More

Square Now Letting Some Users Buy & Sell Bitcoin Through Cash Mobile App

Financial service company Square is reportedly now testing out bitcoin on some of its Cash mobile app users. The new feature will allow users to buy and sell the cryptocurrency through the app.  The Square Cash App claims to be the simplest way to pay… Read More